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Private Jet Charter Or Fractional Ownership?

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Private Jet Charter Or Fractional Ownership?

There are many different ways to fly by private jet, but which is the best?

Private-Jet-Charter | Jet Hire | Jet Charter

A question we get asked a lot is "Why should I charter instead of buying in to a fractional ownership scheme?". The frequency of this question is increasing, so we thought it would be worthwhile diving in to it. 

We’ll start by explaining the pros of chartering over a fractional ownership, then break down the differences between the two.

Fractional ownership involves owning a share of a private jet rather than the whole aircraft. In the majority of cases, it is more cost effective to charter a jet when you need it, rather than using a fractional ownership. This is mostly due to the fact that obtaining a bottom line price for fractional ownership is difficult – some contracts and operators could have additional fees; things like fuel and Out of Hours charges.  

We allow you to pay as you fly, avoiding membership fees and minimum requirements that may come with a contract. Most fractional ownership contracts have a minimum flight duration of one hour, leading to a waiver fee for anything shorter than this. You may also have further restrictions during peak/busy flight periods, which are avoided when using chartering.

The main benefit of private jet hire over fractional ownership is cost, but chartering also has many other benefits. With charter, we look to use an aircraft from a local airport, meaning you could be on your way within an hour. Availability of the aircraft and flexibility can be limited with fractional ownership, as some contracts can require up to 48 hours notice before flying. Even then, someone else might also require the aircraft for that period.

When you hire a private jet, you avoid all of this. Charter companies also ensure you book the most appropriate aircraft for your journey, taking in to account number of passengers and flight length, rather than simply the aircraft type selected with a fractional company. Simply let us know where, when and how many passengers, and we will negotiate prices on a selection of aircraft which best suit your trip profile. 

So with that in mind, we thought it might be helpful to put the two side by side and see which comes out best.


Fractional Ownership

CASH COMMITMENT: Initial large payment followed by annual management fees and additional flight costs

PRICE COMPARISON: Fixed rates + charges

AIRCRAFT TYPE: Fixed to category selected, no flexibility

CONTRACT LENGTH: Usually 2-3 years, with exit fees

GUARANTEED RESPONSE TIME: Subject to contract terms, typically 48 hours 

AIRCRAFT POSITIONING CHARGES: Included within restricted service area, e.g. if your contract services Europe, out of area fees would apply if flying outside of this zone - for example America or the Middle East. 

Charter

CASH COMMITMENT: None -  Pay as you fly

PRICE COMPARISON: Lowest rates available

AIRCRAFT TYPE: Most suitable jet for your journey

CONTRACT LENGTH: None - The only contract you sign is the aircraft you book. 

GUARANTEED RESPONSE TIME: We operate 24/7 so endeavour to get back to you in the shortest possible time. 

AIRCRAFT POSITIONING: If applicable, they are Included in charter quote, however we will always look to use aircraft based at your chosen departure airport to avoid these costs entirely. 

 


All of this being said, if you fly frequently and want to avoid the hassle of paying for each individual flight, you can open an account with us and deposit as much or as little as you like with no refund fees or charges, and then we simply use this when a flight is confirmed – meaning each flight booking is as smooth as possible. This is also helpful for last minute bookings, as we have the funds readily available, dramatically reducing the time it takes to get airborne. 

Whatever your reason for flying , we would love to help you organise your trip. After all, life is about adventure so why stay grounded? 

Get in touch with one of our private jet charter experts today and let us tailor a schedule to suit you +44(0) 203 880 9005

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Top 5 European Islands - By Private Jet

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Top 5 European Islands - By Private Jet

With summer in full swing, we thought it would be good to shed some light on the most popular European Islands for private jet's

Private Jet to Mykonos | Astute Aviation

As you would expect, islands are incredibly popular destinations for private jet customers during the summer season. High demand for slots at these airports means that we encourage our customers to look into their bookings earlier than they normally would. 

Sun, sea at every turn & sand, these islands have all of it, which is one of the reasons they are so popular with private jet setters. 

So without further ado, let's get into our top 5 islands by private jet and give you an idea of what it could cost to get there. 

MALLORCA

Sitting comfortably in the top spot is Mallorca! This is Europe's most popular island for private jet travellers. Mallorca is the largest of Spain's Balearic islands so this comes as no surprise. 

 
cala_llombards_santanyi_260251700.jpg
 

Mallorca offers it's fair share of luxury hotels like the Cap Rocat, however this tends to be a big hit with clients meeting their yacht, or heading to their summer homes. 

London Luton - Palma de Mallorca  | 4 Passengers | 3 Day Return  | Citation Mustang | £9900

 

IBIZA

You knew it would be near the top somewhere, yes Ibiza is our second most popular destination for private jet setters. Not surprisingly seeing as Ibiza is the mecca for party goers and international music artists. 

Private Jet to Ibiza | Astute Aviaiton

With Ibiza being home to some of the best clubs on the planet, it becomes one of the busiest airports in Europe during the summer months, with the influx of the worlds biggest artists all flying in to deliver their sets. That said we have a large number of our clients that choose to charter a private jet back from Ibiza so they can get some sleep, and much needed hydration. 

LONDON - IBIZA | CITATION MUSTANG | 4 PASSENGERS |  £6990

 

MYKONOS 

Mykonos is growing in popularity with the private jet traveller, with it's culture and iconic white washed walls Mykonos is just stunning. 

Private Jet to Mykonos | Astute aviation

Mykonos caters for everyone, whether you're looking to soak up the sun and serenity or to party into the small hours, Mykonos has it all. 

London - Mykonos | 7 passengers | 3 day return | citation cj2 | £19,800

 

SARDINIA

Sardinia is still one of the most popular islands in the Mediterranean it's so big it actually has 3 private jet airports Alghero Olbia and Cagliari.

Private Jet to Olbia

Private jet setters can enjoy a number of luxury hotels, or again can connect with their awaiting yacht.

London Luton - olbia | 4 Passengers | citation mustang |3 day return | £9900  

 

CORSICA 

Like Sardinia, Corsica is popular among clients looking to to meet with a yacht or sailing boat. Nestled between Rome and Nice, Corsica offers a taste of both, and flying in by private jet is by far the easiest way. 

Private jet Charter Corscia | Astute Aviation

Corsica has 4 private jet airport to choose from, Figari Sud Corse, Calvi, Bastia and Ajaccio. Figari is most popular in summer, due to its distance from Porto Vecchio.

LONDON LUTON - Figari Sud Corse | 4 PASSENGERS | 3 DAY RETURN  | CITATION MUSTANG | £9000

 

You can depart any of London's 14 airports and still arrive when it suits you. During the summer months we find that London Farnborough (Private Jets only) has the highest number of private jet departures to these islands. Being completely dedicated to private jets, this offers the smoothest experience and makes it super easy to grab a coffee while watching your bags being loaded onto the aircraft.

Whatever your reason for flying , we would love to help you organise your trip. After all, life is about adventure so why stay grounded? 

Get in touch with one of our private jet charter expert and let us tailor a schedule to suit you +44(0) 203 880 9005 

www.astuteaviation.co.uk

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Pets on Private Jets

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Pets on Private Jets

Can I take pets on a private jet? That's right, when chartering a private jet you can have your four legged companion right there with you in the cabin.  

Flying commercially can be a traumatic experience for any animal due to the completely unfamiliar environment and loud noise. We know that pets are a part of the family, and that flying in the cabin alongside their owners can make all the difference to how an animal will handle the flight. Taking a pet on board is incredibly easy to organise, and we are able to make all of these arrangements for you when organising your private jet charter. We have even chartered an aircraft for the sole purpose of flying someone's pets to them!

As a UK resident you can take your pets to any European country without the need to quarantine, providing they meet the regulations. There are dedicated airports across the UK that make travel with your furry friends as straightforward as possible - and although this list is not exhaustive, it shows that wherever in the country you are, pet travel does not need to be complicated. 

  • London Biggin Hill
  • London Oxford
  • London Stansted
  • London Heathrow
  • London Farnborough
  • London Gatwick
  • London Ashford
  • Edinburgh
  • Manchester
  • Blackpool
  • Cambridge 
  • Doncaster
  • Leeds Bradford International
                                                                     Images from New York Observer and CNN

                                                                     Images from New York Observer and CNN

When chartering an aircraft into the United States, you will need to be able to prove that your pet has had the appropriate vaccinations for its age, most importantly the Rabies vaccination. Cats and dogs must also be over 8 weeks old and weaned. 

Whatever your reason for flying , we would love to help you organise your trip. After all, life is about adventure so why stay grounded? 

Get in touch with one of our private jet charter experts today and let us tailor a schedule to suit you +44(0) 203 880 9005

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